Latest News

July 23, 2007, 10:02 AM

The Carlyle Group, a Washington, D.C.-based global private equity firm with extensive aerospace and defense holdings, has “signed a definitive agreement to acquire Garrett Aviation Services from General Electric Company.” According to industry sources, the agreement calls for a cash acquisition v

July 23, 2007, 10:01 AM

The Teal Group released its annual 10-year forecast of the helicopter market on July 19. Despite its overall optimism, however, there was no good news for the civil segment.

July 23, 2007, 10:01 AM

Macquarie Infrastructure of Sydney, Australia, entered into an agreement to pay $59 million to purchase Las Vegas Executive Terminal, one of two FBOs at McCarran International Airport. The acquisition, subject to government and shareholder approvals, will expand the company’s U.S.

July 23, 2007, 9:52 AM

The FlightSafety Academy in Vero Beach, Fla., has a reputation for highly trained graduates with the skills and knowledge to move into the right seat of turbine aircraft.

July 23, 2007, 9:51 AM

At about 11:30 a.m. today a Merlin SA226T registered to Maci Leasing of Edison, N.J., crashed at Teterboro Airport, N.J. The twin turboprop came to rest at the south end of Runway 1 facing south. A fire ignited but it was extinguished within 15 minutes, according to officials.

July 23, 2007, 9:47 AM

Business aircraft continue to assume roles in the airline industry. EADS Sogerma Services of Toulouse, France, has begun converting the first of two Airbus A319s for new careers as “premium class” aircraft operated by Saudi Arabia’s National Air Services on scheduled and charter flights.

July 23, 2007, 9:24 AM

NavAirWx has added live temporary flight restrictions (TFRs) to its moving-map and real-time weather display systems. The Mt.

July 23, 2007, 9:23 AM

Eurocopter’s EC 135 helicopter continues to find a welcome among emergency operators. At the Farnborough Air Show, the manufacturer reported orders for better than one EC 135 helicopter  per week on average as operators bought the light twin-engine helicopter in record numbers.

July 23, 2007, 9:22 AM

Health and security assistance provider MedAire of Tempe, Ariz., and UK medical kit manufacturer Aeromedic Innovations have formed an alliance that would allow Aeromedic to assemble MedAire medical kits and distribute them to MedAire’s European clients.

July 23, 2007, 9:20 AM

In a statement issued July 17, Sen. Charles Schumer (D-N.Y.) called for tighter controls of New York City airspace that would sharply restrict flights below 2,000 feet.